Singapore

Singapore outpaces global peers in AI-driven work output gains, Microsoft says

It found high adoption and output gains, but leadership alignment still lagged.

When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?

Once an AI agent is live, it has to thrive in an environment of constant change. 

Boustead unit secures $60m Australian GIS deal

The deal is expected to lift profitability and EPS for FY2027. 

Jardines Matheson targets $5.1b portfolio recycling by 2030

The group launched a $640.9m (US$500m) share buyback through 2027. 

Key exports rise 38.4% in May on AI-led electronics demand

Re-exports to Taiwan, Thailand, and Hong Kong increased. 

Singapore bets on $35m waste centre, digitalisation drive to boost green economy

New funding, digital tools, and policy updates were announced at Catalyst 2026 gathering. 

Singapore launches $35m centre to tackle toxic industrial waste

NEA, NTU, and NUS will develop recycling, recovery and landfill tech solutions.

MAS tightens M&A rules with 1% cap on target break fees

Bidders issuing “no increase” or “no extension” statements face new restrictions. 

SG bank shares fall amidst China crackdown on capital outflows

Maybank sees the recent weakness as an accumulation opportunity.

AI job postings surge to 84,000 in 2025

Around 30,000 more AI positions were added to the labour market in 2025 alone.

Daily Markets Briefing: STI up 0.78%; Top stock is SGX

SGX is the top stock with a 3.96% increase.

Job vacancies slump to 12-month low of 73,300

Job openings stood at 80,100 in March 2025 before declining to their lowest point in a year.

Income Insurance names DBS veteran Lim Sim Seng as chairman

The board shake-up takes effect 1 July as the firm advances governance reset.

Foodpanda adds Sheng Siong for on-demand grocery delivery

Grocery order frequency on its platform has risen 7% since 2023. 

Singapore payments to hit $114b by 2030

Transaction value reached $39b in 2023 and is projected to grow 16.3% annually.

Freehold Jalan Ulu Siglap site up for sale at $28m

The 13,523 sq ft property is currently used as a nursing home.